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Councilmember Brown asked which CIP fund recycled water infrastructure falls under. Ms. Wagner explained that repair, replacement or expansion of the purple pipe itself falls under the Water Fund but any capital improvements required at DSRSD's and other agencies' treatment plants in order to increase the recycled water capacity would come through the Sewer Fund. Brown —the recycled water system that we are working on — is that under sewer? Because we will have to reinstall pipeline for additional purple pipe. Councilmember Brown requested clarification on which project carryovers relate to the purple pipe. Ms. Wagner referred her to the Recycled Water Project listed at $122,693. She discussed the Miscellaneous Fund, which receives the majority of its revenues from the General Fund but also collects public facilities and AB 1600 impact fees. Once transferred to the CIP, those funds can then be transferred to other CIP funds for use in other areas such as Bernal Park. The fund began the year with a fund balance of $14.4 million. Revenues of $563,000 exceeded projections by $245,000 as a result of increase Public Facilities Fees, interest income, and continued collection of donations for Firehouse Arts Center. Pledges for the center were approximately $1.5 million, of which the city has received $1 million. She noted that the majority of outstanding pledges are payable upon death. Transfers totaled $1.1 million, the majority went to support Bernal Park Phase 2. Expenditures totaled $806,000 and, as with other funds, were substantially less than the $8.8 million projected due to ongoing projects as well as an accumulation of project reserves. Staff is requesting budget amendments to account for decreases from the close out of several smaller projects, an increase in the CIP reserve, and carryovers of approximately $7.9 million, leaving an adjusted fund balance of just over $5 million. She reviewed the Parks Fund, which began the year with a $12.3 million fund balance. Revenues of $2.7 million, which consisted mostly of Park Dedication Fees, fell short of projections by approximately $750,000. She explained that this relates primarily to requirement that grant monies be matched against expenditures. Work at the Dolores Bengtson Aquatic Center was budgeted in the 2012/13FY but not actually completed until late September 2013 and so approximately $1 million of expenditures are recorded in the current fiscal year instead. Expenditures of $2.7 million also fell short of the budgeted amount of $15.7, the majority of which is for Bernal Park Phase 2. Staff is requesting budget amendments to account for approximately $13 million in carryovers as well as a developer contribution plus interest earnings to the Bernal Property Improvement Reserve. After adjustments, the unencumbered fund balance available for the 2013/14 CIP is a little over $1 million. Councilmember Brown asked if it is true that the Miscellaneous Fund is more flexible than others in terms of transfers out for other types of projects. Ms. Wagner confirmed and explained that this is largely because it receives its monies from the General Fund and those can be used for any general purpose so designated by the Council. The one area within the Miscellaneous Fund that needs to be watched closely relates to Public Facilities Fees, as their use needs to relate back to the assumptions at the time the impact fee was developed. In this case, the fee was developed to pay for things like Firehouse Arts Center, Alviso Adobe and the Civic Center. Ms. Wagner reviewed the Streets Fund, which receives its monies primarily from Traffic Impact Fees, Gas Tax funds and Measure B and F funds. The fund started the year at $31.3 million. Revenues of $4.9 were slightly higher than projected. While revenues from the Dublin Freeway Interchange Fee were higher than anticipated, there were offsetting decreases in gas tax revenues and bicycle- pedestrian grant monies. The greatest budget variance was in expenditures, which totaled $6.7 million against a projected $28.3 million. Staff is requesting budget amendments to account for developer contributions, the purchase of a street right of way related to the Ponderosa Homes project, an increase City Council Minutes Page 4 of 6 December 3, 2013